Equity Index Exotics – Trading Services - Associate at JPMC Candidate Experience page

London, England, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

02 Jul, 26

Salary

0.0

Posted On

03 Apr, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Trade lifecycle, Risk management, PnL checks, Derivative products, Options, Swaps, Futures, Variance swaps, Auto-callable options, Regulatory reporting, Issue resolution, Analytical skills, Change management, Excel, Alteryx

Industry

Financial Services

Description

Support Equity Index Exotics desks by owning trade lifecycle, controls, and reconciliations - driving accuracy, scale, and innovation. As a Trading Services Associate within the Equity Index Exotics Team, you'll be responsible for the completion of daily procedures, controls and providing operational support for 5 desks who trade structured products in over-the-counter and securitised formats. Job responsibilities * Becomes an independent SME performing daily trade lifecycling and event management. * Takes ownership of trade capture in risk management systems to fulfill Trading/Sales requests and performing key risk/PnL checks. * Assists in the resolution of a variety of ad hoc queries, coming from key partners in teams such as Product Control, Market Risk, Sales, Structuring, Quantitative Research and Technology. * Completes start / end of day processes, including completeness and reconciliation checks to ensure capture of new trading activity and general book management has been performed accurately. * Works closely with other business functions to gather appropriate information, form solutions to complex problems and communicate these to the relevant stakeholders. * Ensures all controls are diligently performed on a timely basis, with issues escalated appropriately. * Participates and contributes to various strategic initiatives allowing constant evolution of our processes and business architecture to generate scale, whilst ensuring the Exotics function is aligned with changes to the regulatory framework. * Builds an in-depth understanding of the Exotics space and the underpinning operational framework to bring creative, innovative ideas to the table regarding how we can bring further robustness and visibility across our key controls and procedures. Required qualifications, capabilities and skills * Possesses an understanding of basic derivative products (options, swaps, futures) and simple exotics payoffs (variance swaps, auto-callable options, etc.). * Knowledge of front-to-back operational procedure (including key elements such as legal documentation, economic affirmation, confirmations, settlements, and regulatory reporting) and has experience facilitating issue resolution across teams. * Must have clear communication skills and leverage these to work collaboratively and challenge, as appropriate. * Illustrates an ability to be proactive and take ownership, possessing strong analytical skills and a keen eye for detail. * Great team player, who can work methodically in a high pressure and fast paced environment. * Strategic thinking ability and passion for innovation & change management. Preferred qualifications, capabilities and skills * Strong technical skills, especially in Excel & Alteryx J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives. We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs [https://careers.jpmorgan.com/us/en/how-we-hire/faqs] for more information about requesting an accommodation. J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

Responsibilities

The associate will support Equity Index Exotics desks by managing the trade lifecycle, performing risk and PnL checks, and ensuring accurate reconciliations. They will also collaborate with internal partners to resolve ad hoc queries and contribute to strategic initiatives for process improvement.